Problem III. Arena simulation questions $(25$ pts$.$ Total$)($a$,$ b section$)$

a$.(9$ points total$)$ Below is a simulation of loan applications using four steps: check

credit, prepare covenant, price loan and disburse funds. The process uses $4$

employees. Each step takes Expo $(1$ hour$)$ and the application arrive with an Expo

$(1\mathrm{.}25$ hour$)$ interarrival times. First application arrives at time $0.$ The simulation runs

for $160$ hours.

Reviewing the window simulation what can you say about the process? $(5$ AT PPREPAIRE

points$)$ IT GOES THKOUGH ADUANCE PROCESSES, IT BUILDS UP AT COV."

Describe how you could rearrange the process for improvement? $(4$ points$)$

CHECK CREDIT $$ PRICE LOAN $$ PREPAKE LOVENANT longrightarrow DISBURSE E

a$.$ IT STARTS PRETTY EFFICIENT W$/$ A "CTECK CIREDIT" PROCESS

BUT THEN STACKS UP DURING "PREPARE COV." & THEN

GOES THROUGH "PRICE LOAN" PRETTY FAST. BUT

THEN STACKS UP AGIN AT "DISPURSE FUNDS."

b$.$ CHECK CREDIT longrightarrow PRICE COAN longrightarrow COVENANT $$ DISBURSE FUNDS

THIS WOULD REDUCE THE BACK$-$TO$-$BACK STACK UP &

HELP THE PROLESS KEEP UP WI ITSELF.